Geneos Wealth Management Inc. Sells 4,213 Shares of The Home Depot, Inc. $HD

Geneos Wealth Management Inc. decreased its stake in The Home Depot, Inc. (NYSE:HD) by 9.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,489 shares of the home improvement retailer’s stock after selling 4,213 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Home Depot were worth $15,596,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in Home Depot by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 97,978,814 shares of the home improvement retailer’s stock worth $35,922,952,000 after acquiring an additional 1,494,615 shares during the period. State Street Corp boosted its position in shares of Home Depot by 0.7% in the second quarter. State Street Corp now owns 46,015,836 shares of the home improvement retailer’s stock worth $16,871,246,000 after purchasing an additional 300,352 shares during the period. Geode Capital Management LLC increased its stake in shares of Home Depot by 1.4% in the second quarter. Geode Capital Management LLC now owns 22,978,809 shares of the home improvement retailer’s stock worth $8,394,611,000 after purchasing an additional 327,674 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Home Depot by 1.1% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 14,568,860 shares of the home improvement retailer’s stock valued at $5,341,724,000 after purchasing an additional 153,582 shares during the period. Finally, Norges Bank bought a new stake in shares of Home Depot during the 2nd quarter valued at $4,885,603,000. 70.86% of the stock is owned by hedge funds and other institutional investors.

Home Depot Stock Down 0.1%

NYSE HD opened at $349.09 on Thursday. The stock has a 50 day moving average price of $355.04 and a 200-day moving average price of $377.63. The Home Depot, Inc. has a one year low of $326.31 and a one year high of $426.75. The company has a debt-to-equity ratio of 3.82, a quick ratio of 0.29 and a current ratio of 1.05. The company has a market capitalization of $347.53 billion, a P/E ratio of 23.80, a P/E/G ratio of 13.01 and a beta of 1.08.

Home Depot (NYSE:HD) last announced its quarterly earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 EPS for the quarter, missing analysts’ consensus estimates of $3.83 by ($0.09). The business had revenue of $41.35 billion during the quarter, compared to the consensus estimate of $41.06 billion. Home Depot had a net margin of 8.77% and a return on equity of 160.74%. The firm’s revenue was up 2.8% on a year-over-year basis. During the same period in the previous year, the business posted $3.78 EPS. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. As a group, equities analysts predict that The Home Depot, Inc. will post 15.13 EPS for the current fiscal year.

Home Depot Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were given a dividend of $2.30 per share. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $9.20 annualized dividend and a dividend yield of 2.6%. Home Depot’s payout ratio is currently 62.71%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Sanford C. Bernstein reiterated a “market perform” rating and issued a $362.00 price target on shares of Home Depot in a research note on Monday, November 24th. Wells Fargo & Company dropped their price objective on Home Depot from $400.00 to $395.00 and set an “overweight” rating for the company in a research note on Wednesday, December 10th. Evercore ISI cut their target price on Home Depot from $450.00 to $425.00 and set an “outperform” rating for the company in a research report on Wednesday, November 19th. Telsey Advisory Group lowered their price target on Home Depot from $430.00 to $410.00 and set an “outperform” rating on the stock in a report on Wednesday, December 10th. Finally, HSBC dropped their price target on Home Depot from $445.00 to $400.00 and set a “hold” rating for the company in a research note on Wednesday, November 19th. Twenty-one investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $402.10.

Insider Activity at Home Depot

In other Home Depot news, EVP Teresa Wynn Roseborough sold 2,872 shares of the business’s stock in a transaction on Friday, December 26th. The shares were sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following the transaction, the executive vice president owned 13,196 shares in the company, valued at $4,599,069.92. The trade was a 17.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Ann Marie Campbell sold 145 shares of the firm’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $358.26, for a total transaction of $51,947.70. Following the completion of the sale, the executive vice president owned 12,320 shares of the company’s stock, valued at $4,413,763.20. This trade represents a 1.16% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 4,963 shares of company stock worth $1,748,845. Company insiders own 0.10% of the company’s stock.

More Home Depot News

Here are the key news stories impacting Home Depot this week:

• Positive Sentiment: Investor rotation into cash‑rich retailers and a stronger-than-expected renovation trend could boost Home Depot’s sales and investor appetite for defensive retail names; this theme is being cited as a supportive factor. Investor Shift To Cash-Rich Retailers And Renovation Trend Could Be A Game Changer For Home Depot (HD)
• Positive Sentiment: Local ICE enforcement developments (a Phoenix raid) appear to have eased a near-term labor disruption risk narrative for Home Depot, which traders have interpreted as a modest tailwind. Phoenix Raid Lands Four Day Laborers, Home Depot Stock Notches Up
• Positive Sentiment: Recent analyst/market coverage highlighted a short‑term uptick in the shares and key technical moves, which can attract momentum buyers. Home Depot (HD) Rises Higher Than Market: Key Facts
• Neutral Sentiment: Unusual options activity has been reported around HD; options flow can signal speculative positioning but does not establish direction for fundamentals. Home Depot Unusual Options Activity
• Neutral Sentiment: Longer-form analysis frames Home Depot as a potential turnaround/“fixer‑upper” given consumer headwinds (student loans, rising healthcare costs, softer labor market) but stops short of near‑term bullishness — useful context for longer‑term investors. Home Depot: A Fixer-Upper Amid Student Loans, Rising Healthcare Premiums, And Soft Labor Market
• Negative Sentiment: Home Depot issued FY2025 EPS guidance of 14.478 (single-point) and revenue guidance of ~$164.3B, both slightly below consensus — a primary near‑term negative catalyst that pressures valuation and expectations.
• Negative Sentiment: Pomerantz LLP announced an investor investigation into Home Depot, which raises potential legal/financial risk and tends to weigh on investor sentiment until resolved. Pomerantz Law Firm Investigates Claims On Behalf of Investors of The Home Depot, Inc.
• Negative Sentiment: Coverage noted Home Depot underperformed peers on a relative basis despite an intra‑day gain, signaling investor caution versus competitors. Home Depot Inc. stock underperforms Tuesday when compared to competitors despite daily gains

About Home Depot

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.